XAUUSD GOLD Possible movement

2 janv.

XAUUSD Gold (2658) and its potential movement. Here's a summary of your setup:

Current Price: 2658
Next Target: 2690
Support Levels: 2650/2645

You're anticipating that if the price rises above 2658, the Target could be 2690, and if the price drops, support could hold at 2650 or 2645. If the price rises again after testing these levels, you expect upward movement toward the target.

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5 janv.

Transaction en cours

Potential for a Price Rebound: Given that the price is near a support level, there may be a technical opportunity for gold prices to rise. Investors may see this as a buying opportunity, especially if the dollar strengthens at a slower pace or the Fed's hawkishness starts to be priced in by the market. that after testing a support zone, the gold price could see an upward movement. This could happen if the dollar's growth slows or if the market begins to look past the Fed's hawkish rhetoric. Would you like to dive deeper into the technical analysis or explore any other factors that might influence this move?